Ahmed Mazhari, Microsoft's Asia President discusses digitization trends and the company's ambitions for the region. He speaks on "Bloomberg Markets Asia". Read More...
Reuters
Oil prices drop amid China COVID curbs, possible rate hikes
SINGAPORE (Reuters) -Oil prices fell on Monday with the global fuel demand outlook overshadowed by COVID-19 restrictions in China and the potential for further interest rate hikes in the United States and Europe. Brent crude futures dropped $1.28, or 1.4%, to $91.56 a barrel by 0330 GMT, after settling 4.1% higher on Friday. Prices were little changed last week as gains from a nominal supply cut by the Organization of the Petroleum Exporting Countries (OPEC) and allies including Russia, a group known as OPEC+, were offset by ongoing lockdowns in China, the world’s top crude importer.
